Segment Information

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment Information

11.  Segment Information

We currently have two operating segments, Exploration and Production and Midstream.  All unallocated costs are reflected under Corporate, Interest and Other.  The following table presents operating segment financial data:

	Exploration and Production		Midstream		Corporate, Interest and Other		Eliminations		Total
	(In millions)
For the Three Months Ended June 30, 2020
Sales and Other Operating Revenues - Third parties	$	833	$	—	$	—	$	—	$	833
Intersegment Revenues	—		270		—		(270)		—
Sales and Other Operating Revenues	$	833	$	270	$	—	$	(270)	$	833
Net Income (Loss) attributable to Hess Corporation	$	(249)	$	51	$	(122)	$	—	$	(320)
Depreciation, Depletion and Amortization	470		39		—		—		509
Provision (Benefit) for Income Taxes	(11)		2		—		—		(9)
Capital Expenditures	428		79		—		—		507
For the Three Months Ended June 30, 2019
Sales and Other Operating Revenues - Third parties	$	1,660	$	—	$	—	$	—	$	1,660
Intersegment Revenues	—		190		—		(190)		—
Sales and Other Operating Revenues	$	1,660	$	190	$	—	$	(190)	$	1,660
Net Income (Loss) attributable to Hess Corporation	$	68	$	35	$	(109)	$	—	$	(6)
Depreciation, Depletion and Amortization	459		35		—		—		494
Provision (Benefit) for Income Taxes	131		—		1		—		132
Capital Expenditures	625		69		—		—		694
For the Six Months Ended June 30, 2020
Sales and Other Operating Revenues - Third parties	$	2,187	$	—	$	—	$	—	$	2,187
Intersegment Revenues	—		561		—		(561)		—
Sales and Other Operating Revenues	$	2,187	$	561	$	—	$	(561)	$	2,187
Net Income (Loss) attributable to Hess Corporation	$	(2,620)	$	112	$	(245)	$	—	$	(2,753)
Depreciation, Depletion and Amortization	991		77		2		—		1,070
Impairment	2,126		—		—		—		2,126
Provision (Benefit) for Income Taxes	(88)		4		(4)		—		(88)
Capital Expenditures	1,037		136		—		—		1,173
For the Six Months Ended June 30, 2019
Sales and Other Operating Revenues - Third parties	$	3,232	$	—	$	—	$	—	$	3,232
Intersegment Revenues	—		380		—		(380)		—
Sales and Other Operating Revenues	$	3,232	$	380	$	—	$	(380)	$	3,232
Net Income (Loss) attributable to Hess Corporation	$	177	$	72	$	(223)	$	—	$	26
Depreciation, Depletion and Amortization	923		69		—		—		992
Provision (Benefit) for Income Taxes	226		—		—		—		226
Capital Expenditures	1,140		196		—		—		1,336

Identifiable assets by operating segment were as follows:

	June 30, 2020		December 31, 2019
	(In millions)
Exploration and Production	$	14,267	$	16,790
Midstream	3,550		3,499
Corporate, Interest and Other	1,729		1,493
Total	$	19,546	$	21,782